Coverage dated September 15, 2026 to September 16, 2026
DOJ sides with Paramount over nearly $1.9 billion bond request
Headline from KYMA Yuma
In a court document filed Tuesday, the DOJ said a "proper bond" is required after states or other private parties challenge a merger, as well as when an injunction has been issued.
KYMA Yuma's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The US Justice Department is urging the federal judge overseeing a lawsuit challenging Paramount Skydance Corp.’s $110 billion takeover of Warner Bros. Discovery Inc. to order the states and the trade union challenging the deal to post a bond to cover any potential late fees that result from their l…
The Department of Justice sided with Paramount on Tuesday, arguing that a coalition of 12 states should be forced to post a bond as the price of continuing to block the Warner Bros. merger. Paramount has argued that it stands to lose at least $1.
In a court document filed Tuesday, the DOJ said a "proper bond" is required after states or other private parties challenge a merger, as well as when an injunction has been issued.
The Department of Justice filed a statement of interest in the court case challenging the merger between Paramount Skydance and Warner Bros. Discovery, arguing the states suing to block the transaction should post a “proper bond” if they’re confident in their antitrust lawsuit.
DOJ sides with Paramount over nearly $1.9 billion bond request | Since Then